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The Global Financial Cycle
The Price Level and the Inflation Rate
Location:
Online
Type:
Other
YSI Presenters
Description
This our weekly discussion of the price level as it relates to Perry Mehrling's money view. The price level is the average price of goods in terms of money or, equivalently, the price of money in terms of goods. But what determines the price level? Why is the price level important? And how does it fit into the money view?
This week, we're discussing a 2015 paper by Hélène Rey that explores the idea of a global financial cycle and effects originating with monetary policy the center of the international system.
Dilemma not Trilemma: The Global Financial Cycle and Monetary Independence
Hosted by Working Group(s):
Organizers
Attendees
Pavel Porozov
Marta Mizsak
Tatiana Camacho
Koushik Ghosh
Hannah Everest Klein
Meghana Mantha
Hannah Engljaehringer
Rok Piletic
Güneş Topçu
Alex Howlett
Mateusz Urban
Bayu Perdana Putra
Zach Kopelman
Bith Manyang
Celso Gonzalez
Nathaniel Cline
Nathalie Marins
Ádám Kerényi
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